Mark Caller Acquires Vacant Lot In Queens For $2.1M
11-19 Foam Pl, Queens, NY 11691, USA
$2,075,000
$203/SF
Building Size
10,176 SF
Asset Type
Other
Closing
Feb 4, 2018
AI
A vacant lot located at 11-19 Foam Place in New York City's Queens neighborhood has been sold in a closed transaction. The lot, measuring 74.2 feet by 143.7 feet, was sold for a price of $2,075,000. The property is zoned as C4-2 and has a commercial buildable square footage (BSF) of 34,598, residential BSF of 24,727, and commercial facility BSF of 48,884.
Summary of transaction details
- Property Type: Vacant Lot
- Transaction Amount: $2,075,000
- Dimensions: 74.2 x 143.7
- Zoning: C4-2
- Commercial BSF: 34,598
- Residential BSF: 24,727
- Commercial Facility BSF: 48,884
The seller of the property was Gursharan Singh, while the buyer was Mark Caller. The broker representing the deal was Ben Thypin & Stephen Smith from Quantierra_ D Lot.
Players
New York Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.64%
Cash-on-Cash
-2.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93